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FTSE 100 movers: Intertek jumps on results; Paddy Power Betfair slumps
London's FTSE 100 was flat at 7,352. 67 in afternoon trade, as investors looked ahead to Wednesday's Budget.
Broker tips: Mitie, Travis Perkins, SDL
Outsourcing and energy services company Mitie was under the cosh on Tuesday as Jefferies downgraded the stock to 'underperform' form 'hold' and cut the price target to 175p from 195p as it said accounting changes could create headwinds.
Just Eat's full-year revenue and earnings surge
Just Eat’s 2016 revenue and earnings surged as it seeks to capture further share of the online food delivery market.
SDL transformation plan on track, Canaccord says
Canaccord Genuity bumped up its target price on SDL as the company increases the technology content of its offering, which it delivers as a managed service.
Global growth to accelerate, but risks loom large, OECD warns
World economic growth would continue accelerating next year but multiple dark clouds loomed large on the horizon, one of the rich-world's economic watchdogs cautioned.
SQS Software Quality Systems' shares fall on US growth caution
Shares in SQS Software Quality Systems are down more than 11% after it flagged an expectation of subdued growth in the US market, but anticipated growth in German-speaking countries, UK, Ireland and Italy.
Direct Line FY profit takes £175m hit from Ogden discount rate cut
Direct Line Insurance Group reported a drop in full-year profit on Tuesday as it took a £175m hit from the change in the discount rate used to calculate lump sum payouts.
Ortac Resources' shares rise as it lifts investment in Casa Mining
Shares in exploration and mine development company Ortac Resources are up almost 8% after it lifted its investment in Casa Mining to 21. 71%.
Mitie under the cosh after Jefferies downgrade
Outsourcing and energy services company Mitie was under the cosh on Tuesday as Jefferies downgraded the stock to 'underperform' form 'hold' and cut the price target to 175p from 195p as it said accounting changes could create headwinds.
Budgens shuts swathe of stores, Booker assures of 'very strong' trading
The supermarket chain Budgens is to close 34 of its franchised convenience stores with a loss of 815 jobs, administrators said on Tuesday.
London midday: Stocks drift as investors digest retail sales, house prices
London stocks were still drifting by midday as investors digested the latest retail sales and house price data and looked ahead to Wednesday's Budget.
Europe midday: Stocks slightly weaker after disappointing German factory data
European stocks were a touch weaker on Tuesday following weaker-than-expected German manufacturing data.
Asia report: Most markets higher as Fed decision nears
Markets in Asia were mostly higher on Tuesday, as traders once again turned their attentions stateside ahead of the Federal Reserve’s policy meeting for March next week, where expectations were rising that interest rates would be on their way up.
US pre-open: Stocks seen lower; trade data eyed
US futures pointed to slightly weaker open on Wall Street on Tuesday as investors continued to take a breather following recent strong gains.
Sunrise Resources' shares fall as it raises £250,000
Sunrise Resources' shares fell almost 9% after the diversified mineral exploration and development company raised £250,000 at 0. 1p a share in a placing.
E.On hikes energy costs despite cutting wholesale costs
Energy giant E. On said it plans to increase standard variable dual fuel prices for residential customers due to a rise in costs, even though it has managed to cut the amount it pays for wholesale energy.
Paddy Power Betfair shareholders first past post with big dividend
Newly merged bookmaker Paddy Power Betfair said the new financial year has started in line with expectations as it reported a 35% rise in underlying earnings before interest, tax, depreciation and amortisation to £400m and a big dividend payout.
May's Brexit Bill faces second Lords' defeat amid parliamentary scrutiny concerns
UK's House of Lords is predicted to hand another defeat to Prime Minister Theresa May's government by supporting a further amendment to her would-be brief Brexit Bill.
Origin Enterprises to buy fertiliser company for £18.2m
Ireland-based agri-services group Origin Enterprises is to buy Bunn Fertiliser for up to £18. 2m, in order to expand its fertiliser capacity.
Berenberg hails solid foundation at Travis Perkins, upgrades to buy
Analysts at Berenberg upgraded their recommendation on Travis Perkins, hailing the builders merchant's decision to invest in a heavyside distribution network.